Shared by
CoolDragon888_BOWS
this trade was the worse ever; stock ran up and thought I was gonna buy at the pullback; thinking it will bounce from the ma; really need to stop assuming; shoulda pick it off the vwap instead; got pulled all over the place; average down again; trying to minimize the bleeding; then got caught holding shares from the ultimate bear flag that I didn't see coming; thought it was gonna reverse and it couldn't go lower...it went lower...so I average down; this just continued to snowball; finally I had enough and cut my losses; felt so horrible I didn't even want to play the bounce; felt cursed in this stock. One bad thing is that I didn't use a stop; which coulda prevent all this.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-09-15 11:19:24 | MRTX | buy | $49.999 | long |
| 2015-09-15 11:19:25 | MRTX | buy | $49.950 | long |
| 2015-09-15 11:19:37 | MRTX | buy | $49.966 | long |
| 2015-09-15 11:24:18 | MRTX | buy | $49.700 | long |
| 2015-09-15 11:25:04 | MRTX | buy | $49.670 | long |
| 2015-09-15 11:33:25 | MRTX | buy | $49.010 | long |
| 2015-09-15 11:33:27 | MRTX | buy | $49.003 | long |
| 2015-09-15 11:33:27 | MRTX | buy | $49.005 | long |
| 2015-09-15 11:33:36 | MRTX | buy | $48.990 | long |
| 2015-09-15 11:33:43 | MRTX | buy | $48.972 | long |
| 2015-09-15 11:46:03 | MRTX | sell | $49.405 | long |
| 2015-09-15 12:01:05 | MRTX | sell | $49.074 | long |
| 2015-09-15 12:06:19 | MRTX | buy | $49.700 | long |
| 2015-09-15 12:06:25 | MRTX | buy | $49.620 | long |
| 2015-09-15 12:06:25 | MRTX | buy | $49.640 | long |
| 2015-09-15 12:07:53 | MRTX | buy | $49.950 | long |
| 2015-09-15 12:15:25 | MRTX | sell | $49.130 | long |
| 2015-09-15 12:15:25 | MRTX | sell | $49.130 | long |
| 2015-09-15 12:15:29 | MRTX | sell | $49.112 | long |
| 2015-09-15 12:28:00 | MRTX | buy | $49.927 | long |
| 2015-09-15 13:11:23 | MRTX | buy | $49.750 | long |
| 2015-09-15 13:34:02 | MRTX | buy | $48.865 | long |
| 2015-09-15 13:34:08 | MRTX | buy | $48.870 | long |
| 2015-09-15 13:40:16 | MRTX | buy | $48.195 | long |
| 2015-09-15 13:40:22 | MRTX | buy | $48.122 | long |
| 2015-09-15 13:46:42 | MRTX | sell | $47.990 | long |
| 2015-09-15 13:54:30 | MRTX | sell | $47.695 | long |
| 2015-09-15 13:54:32 | MRTX | sell | $47.695 | long |
| 2015-09-15 13:54:33 | MRTX | sell | $47.663 | long |
| 2015-09-15 13:54:35 | MRTX | sell | $47.645 | long |
| 2015-09-15 13:54:37 | MRTX | sell | $47.634 | 0 |
Comments
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
Looks like you got a bit of emotion on this one, you were adding when you should have been selling. I stayed away on this one because the spread was really wide, which just makes it tougher to get out easily, also why it has the wild swings to include the intraday gap.